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<blockquote data-quote="martinslanding" data-source="post: 221793" data-attributes="member: 277"><p>This is a tough one…LTC is like any other insurance you pay out the nose but if you need it you’re glad you did.</p><p>Kind of dealing with this now as Dad is getting up in age and not sure how much longer he can live on his own, of course he does not want to be a “burden” but at some point the child becomes the parent. It’s not always easy dealing with family. Also have another family member whose husband had a stroke in his late 40’s he’s now pushing 60 and declining and while his insurance was good so far it stops at age 65…then what?</p><p> </p><p>I don’t have the answer for this but the best advice I can give is definitely do some kind of financial planning the younger the better…at least there will be some options, you might not like them but they are options</p></blockquote><p></p>
[QUOTE="martinslanding, post: 221793, member: 277"] This is a tough one…LTC is like any other insurance you pay out the nose but if you need it you’re glad you did. Kind of dealing with this now as Dad is getting up in age and not sure how much longer he can live on his own, of course he does not want to be a “burden” but at some point the child becomes the parent. It’s not always easy dealing with family. Also have another family member whose husband had a stroke in his late 40’s he’s now pushing 60 and declining and while his insurance was good so far it stops at age 65…then what? I don’t have the answer for this but the best advice I can give is definitely do some kind of financial planning the younger the better…at least there will be some options, you might not like them but they are options [/QUOTE]
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